Willy-2001
1st February 2002, 12:28 PM
Will the IRS still allow a company to deduct the expenses associated obtaining, maintaining and renewing registration to a quality standard? We're holding a management review meeting soon and I would like to be able to comment on this.
Thanks - Willy :)
Al Dyer
1st February 2002, 12:50 PM
Yes, costs are deductable. I think the law was recently revised so that the cost can be deducted in one year instead of over a few years. The following should lead you in the right direction:
http://Elsmar.com/ubb/Forum2/HTML/000147.html
Marc
1st February 2002, 01:32 PM
See http://Elsmar.com/Forums/showthread.php?t=638 and http://Elsmar.com/Forums/showthread.php?t=614
These are in the current forums.
Willy-2001
1st February 2002, 06:15 PM
Thanks for the references. I'll pass on this information to our accounting department. In today's market every little bit helps.
Thanks again - Willy:bigwave: